Auto Warranty Companies Fight For Your Business
auto warranty - The industry of auto warranty companies is a fiercely competitive one. You will find a limited variety of cars on the streets - granted, there are millions of them, and all of them, at some time or still, has or experienced a warranty - though with the multitude of companies fighting for that business of these drivers, this means that each and every car owner is the target of some very hungry sales reps.
This is definitely a daunting position to remain to get a car owner. If you are investing in a new car coming from a dealership, or buying a used car, you will have people selling you their warranty services.
Inside the dealership, you might come across a pushy sales person that will try everything they could to get you to sign on to have an extended warranty once you create your initial purchase. There are advantages to buying at that time, including getting the costs from the warranty rolled up in to the financing for your car, and realizing that your dealership will continue being the spot to get any repairs or replacements done. But these comforts could end up costing you hundreds or thousands of dollars in the long run. Sales agents make very large commissions on warranties, so they're eager to obtain to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will need to pay more up-front with those third-party companies, rather than adding a small number to your monthly car payment bills. Nevertheless it would likely save you money.
But simply as not every car sales person has gone out to rip you off, not all third-party providers are great guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the conditions and terms of the warranties they offer. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to achieve you being a client, so use that to your benefit. Compare prices, look at all the terms of the warranties offered, and tell the businesses you consult with “hey, cause me to the most effective offer.” Someone else will if they can't.